What California's New $15 Minimum Wage Will Mean for Workers, Businesses

On Thursday, with the support of Governor Jerry Brown, the California legislature voted to raise the state's minimum wage to $15 an hour. A labor-backed measure to raise the wage had been slated for the November ballot, but Brown stepped in and worked out a compromise that rapidly made its way through the legislature. Supporters of the increase would get their $15 an hour, but the wage would rise gradually over the next six years, going into full effect in 2022. While some believe the measure will lift workers out of poverty, others argue it will mean fewer jobs for lowincome Californians. Brown says he will sign the bill on Monday in Los Angeles.